The iron isn’t worth all that much, scrap prices here are about 3 cents a pound...................
Imagine how cheap iron will be when there is an asteroid of this size filled to the rim being mined! Basically that market will collapse. Meaning the mining will stop because it’s economically not worth it. Then price will rise until mining operations are sustainable and then fall until they are right on the edge. Then you have equiibrium and prices will stabilize. Low, low, low!